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06-15-2009 RegularJ HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting June 15, 2009 CALL TO ORDER The meeting was called to order by Chair Sandahl at 7:02 p.m. ROLL CALL HRA Members Present: Sue Sandahl, Chair; David Gepner; Joan Helmberger; Doris Rubenstein; and Steven Quam. Staff Present: Steven L. Devich; Executive Director; Karen Barton, Assistant Community Development Director; and Nancy Gibbs, City Clerk. Item #1 HRA APPROVAL OF MINUTES Commissioner Rubenstein requested a spelling correction to the Regular HRA Meeting Minutes of May 18, 2009. M/Gepner, S/Rubenstein to approve the minutes of (1) Regular HRA Meeting of May 18, 2009 as amended. Motion carried 5-0. Item #2 HRA APPROVAL OF AGENDA Chair Sandahl amended the agenda to add Agenda Item #2A. M/Rubenstein, S/Quam to approve the agenda as amended. HRA Meeting -2- June 15, 2009 Motion carried 5-0. Item #2A -Summary report regarding the Urban Land Institute. Mayor Goettel presented a summary report regarding the Urban Land Institute. Commissioner Quam asked if the HRA could receive information regarding the Urban Land Institute. Executive Director Devich stated he would check on having the HRA Commissioners added to the a-mail list and report back to the HRA. Item #3 CONSENT CALENDAR A. Consideration of approval of resolution authorizing HRA not to waive monetary limits on municipal tort liability established by MN Statute 466.04 S.R. No. 23 HRA RESOLUTION NO. 1049 RESOLUTION AFFIRMING MUNICIPAL TORT LIABILITY LIMITS ESTABLISHED BY MINNESOTA STATUTES 466.04 This resolution appears as HRA Resolution No. 1049. M/Helmberger, S/Sandahl to approve the Consent Calendar. Motion carried 5-0. Item #4 CONSIDERATION OF FORECLOSURE PURCHASE INCENTIVE PROGRAM REHABILITATION ASSISTANCE LOAN AGREEMENT BETWEEN HRA AND JEAN BOLIN AND BENJAMIN WESTERMAN FOR PURCHASE OF 7239 QUEEN AVENUE S.R. NO. 24 Assistant Community Development Director Barton presented Staff Report No. 24. Jean Bolin, 2817 West 44th Street, Minneapolis, thanked the HRA for approving the loan. M/Rubenstein, S/Helmberger to approve Foreclosure Purchase Incentive Program Rehabilitation Assistance Loan Agreement between HRA and Jean Bolin and Benjamin Westerman for purchase of 7239 Queen Avenue. Motion carried 5-0. Item #5 CONSIDERATION OF REVISIONS TO TRANSFORMATION HOME LOAN PROGRAM TO INCREASE LOAN AMOUNT TO MAXIMUM OF $25,000 S.R. NO. 25 HRA Meeting -3- June 15, 2009 Assistant Community Development Director Barton presented Staff Report No. 25. Chair Sandahl stated she had spoken to City of Bloomington Community Development Director Larry Lee regarding how their city administers their Transformation Home Loan Program. Chair Sandahl explained that the City of Bloomington program collects 5% interest for five years, on a revolving fund from the Community Development Block Grant (CDBG) Fund, after the property is sold funds are recycled back to the City. Commissioner Quam stated he thought this idea was worth exploring Chair Sandahl directed staff to take a look at the way the City of Bloomington was administering their program and bring report back to the HRA. M/Quam, S/Gepner to approve revisions to Transformation Home Loan Program to increase loan amount to maximum of $25.000. Motion carried 5-0. Item #6 EXECUTIVE DIRECTOR REPORT Executive Director Devich commented on an article in the Star Tribune. The article talked about a home in Richfield that had been remodeled with funds from the HRA's Transformation Home Loan Program. The article stated the house was a 900 square foot home and is now a 3,000 square foot home. This shows what can be done with monies from these types of programs. Item #7 CLAIMS AND PAYROLL Commissioner Helmberger stated she appreciates receiving the claims and payroll via e- mail prior to the meeting. M/Rubenstein, S/Quam that the following claims and payrolls be approved: U.S. Bank 06-15-2009 Section 8 Checks: 117039 - 117178 $ 164,837.18 HRA Checks: 30576 - 30597 $ 44,174.87 TOTAL $ 209,012.05 Motion carried 5-0. ADJOURNMENT HRA Meeting -4- June 15, 2009 The meeting was adjourned by unanimous consent at 7:33 p.m. Date Approved: July 20, 2009 Nancy Gibbs City Clerk Executive Director